At a time when industry is reeling under the impact of the global economic meltdown, efficient energy solutions are being touted as a viable answer to cutting greenhouse gas emissions. Despite having a massive capacity to cut greenhouse gas emissions, the IT industry is not yet delivering on its potential according to the first results of the Greenpeace&rsquo;s &lsquo;Cool IT Challenge&rsquo;. The IT industry calculates it could enable cuts of over 15 per cent in global greenhouse gas emissions by 2020. The Cool IT scorecard was released coinciding with the &lsquo;IT, Environment and Climate Change Conference&rsquo; being held in Copenhagen today.

ICT slow in showing climate leadership: Greenpeace

Business Standard

Leading Bollywood film producer Vashu Bhagnani&rsquo;s forthcoming Hindi film Kal Kissne Dekha &mdash; the first major Hindi film release ever since the multiplexes have drawn swords with producers &mdash; may not see the light of day on May 29 While the film has been ready for the past couple of months, the ongoing tussle over revenue-sharing issues between Bollywood producers and multiplexes has delayed its release twice already. It was slated to hit the theatres in April.

Hiccups for Bollywood&#39;s first major release

The exodus of high-profile employees from fraud-hit Satyam Computer Services, which got a new owner in Tech Mahindra, continues.

High-profile exits continue at Satyam; Australia head quits

Satyam founder B Ramalinga Raju, his brother and former managing director B Rama Raju, former chief financial officer Srinivas Vadlamani, PriceWaterhouse auditors S Gopalakrishnan and Srinivas Talluri, Satyam vice-president G Ramakrishna, senior finance manager D Venkatapathi Raju, assistant finance manager C Srisailam were produced before the court as their judicial custody ended today.

Raju&#39;s judicial custody extended till June 10

South African securities&rsquo; regulation panel rules and the Companies Act, which requires a mandatory offer to minority shareholders once an investor crosses the 35 per cent shareholding threshold, are not applicable to the Bharti Airtel-MTN deal.

Bharti-MTN deal has to address stakeholder concerns

Zee group firm Dish TV today said it will raise up to $200 million (about Rs 953.88 crore) by way of foreign currency convertible bonds (FCCB).

Dish TV to raise $200 mn via FCCB

Press Trust of India

HCL Technologies has emerged as the best managed entity in the list of top 50 global outsourcing vendors for 2009 compiled by the Black Book of Outsourcing, which also features atleast eight other Indian IT services firms.

HCL emerges best managed global outsourcing vendor

Infosys Technologies, India&rsquo;s second largest IT services company has finally officially announced offering its clients with new engagement models including outcome based pricing and transaction based pricing.

Infy sees demand for its new models

&ldquo;We are compiling and analysing every transaction made by the company during this period,&rdquo; a CBI official, who is engaged in the investigation, told Business Standard.

CBI compiling information on company&#39;s expenditure

Writes to Ministry of Corporate Affairs for SFIO report.

Finance ministry plans special Satyam audit

Maytas Infra, the listed company promoted by the family of Satyam founder B Ramalinga Raju, is looking to rationalise its employee strength. Consequently, there would be some job cuts and inductions.

Job cuts at Maytas Infra

Global talent development corporation NIIT has launched a programme GNIIT (IMS) in the Infrastructure Management Services (IMS) space. Co-designed by technology giants Cisco, CompTIA, EMC, Microsoft and Sun, the programme will be spread over four semesters in two years, after which students will undergo one year of Professional Practice.

NIIT launches Infrastructure Management Services programme

The global semiconductor industry is likely to see a decline of 22.4 per cent in revenues at $198 billion in 2009, according to IT research firm Gartner.

Global semiconductor revenues may dip 22.4% in 2009: Gartner

The Andhra Pradesh High Court has ordered status quo on the tendering process in the south zone for the Rs 30,000-crore BSNL tender in response to a petition filed by telecom equipment vendor Nokia Siemens Network.

AP High Court orders status quo on BSNL&#39;s 93-mn line tender

The government-appointed board of Hyderabad-based Satyam Computer Services has decided to continue till the open offer is made.

Govt-appointed Satyam board to stay till open offer concludes

IT &amp; R&amp;D outsourcing services provider MindTree, which had seen a drop in its revenues in the previous quarter, is introducing initiatives to keep the utilisation level high owing to its higher bench strength which has been mounting during the last couple of quarters.

MindTree moves to keep  utilisation levels high

That the state-owned Bharat Sanchar Nigam Ltd has a penchant for getting into controversies when it comes to awarding equipment contracts is well-known.

Surajeet Das Gupta: BSNL in a soup again

You can expect Vishal Tripathi, Gartner&rsquo;s principal research analyst, to write a step-by-step guide on how to install an LCD TV. But he warns that setting up gadgets without basic knowledge can run down the device. He speaks from experience, since the last time he went about repairing his BlackBerry, Tripathi damaged its hardware.

Doing things his way

E-tailing, or online retailing, is catching up in India with major retailers setting shop online.

Online retailing gathers steam in India

Operators say 10-paisa, 25-paisa calls not possible.

Raja starts on a discordant note

India may have been hailed for long as the world's top outsourcing destination, but a new study has named as many as eight cities in the country among the world's 25 riskiest places for offshoring, mainly on concerns like terrorism, pollution and geopolitical issues.

8 Indian cities among 25 riskiest offshoring locations

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

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